Over the past decade, rather than saying the “crypto market has grown up,” it’s more accurate to say the U.S. dollar is using blockchain to redefine what “money” means.
Central banks’ fiat currencies in the past couldn’t be carried into the internet. But today’s stablecoins are different—they’ve been able to move into the internet and the AI era, powered by strong network effects.
Instead of wondering whether U.S. institutions might “cut you,” it’s better to think that they’re maintaining a more interest-aligned network.
In the last ten years, crypto has essentially been doing contract work for the U.S. elite.
U.S. institutions often claim that the dollar will disappear someday. But this “disappearance” isn’t decline—it’s the search for a better container.
Central banks’ fiat currencies in the past couldn’t be carried into the internet. But today’s stablecoins are different—they’ve been able to move into the internet and the AI era, powered by strong network effects.
Instead of wondering whether U.S. institutions might “cut you,” it’s better to think that they’re maintaining a more interest-aligned network.
In the last ten years, crypto has essentially been doing contract work for the U.S. elite.
U.S. institutions often claim that the dollar will disappear someday. But this “disappearance” isn’t decline—it’s the search for a better container.